Answer to Question #59873 in Economics of Enterprise for kevin mcgovern

2016-05-10T11:17:21-0400

Question #59873

explain why accountants in the public sector are often paid less than those in the private sector

Expert's answer

2016-05-11T14:12:03-0400

Average pay levels vary between the public and private sectors because of the different jobs and characteristics of the people within each sector. For those who fall within the top 5% of earners i.e. the highest paid, public sector workers earned on average around 8% (13% when further accounting for the different organisational sizes) less than private sector workers in 2014.